Considering relationship of variables, relationship in which activity cost is included in dependent variable, which has similar cost driver is classified as
A. heterogeneous relationship
B. extreme relationship
C. no homogeneous relationship
D. homogeneous relationship
Answer: Option D
Solution(By Examveda Team)
Considering relationship of variables, relationship in which activity cost is included in dependent variable, which has similar cost driver is classified as homogeneous relationship.Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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